A great sign was that the non-majors have lifted their share to 29.1% of the market. These figures have come from AFG.
People always fix at the wrong time in response to banks advertising. From the start of the last financial year fixing was 14.5% this jumped to 20% in April and May. This was in response to the banks urging. Right before the rate drop!! Fixers lost! Take a look at my response to this weeks interest rate decision from the Reserve Bank of Australia with Phil Hill.
You watch, they will start pushing rates again soon knowing that the rates will drop yet again! I guess that is the benefit of the club. We have the time and experience with when to fix and when NOT to fix. It’s all about education and helping others with their property and their finance. Each person’s situation is different so if you have been advised to fix, I would suggest getting more information before you do. We have strong relationships with our Club approved brokers, who are ready to assist and get you the best deals. Simply contact your Property Mentor if this is you. Hope this helps you.
Regards,
Kevin Young
Stand at a Saturday open home in Adelaide or Perth right now and you will feel the energy. Crowds aren’t just curious buyers. They are a reflection of something bigger, the shifting balance of economic strength across the country. The latest State of the States report makes one thing clear: performance isn’t even....
On a Saturday morning in Brisbane’s leafy inner-west, you can see the quiet theatre of Australian property ambition. Parents with clipboards trail real estate agents from one open home to the next, whispering about “catchments” like they’re trading inside information. They’re not just buying a home. They’re buying a...
Every day, thousands of Australians scroll through realestate.com.au thinking they are researching property. And while the platform is excellent for browsing and comparing, it is not where professional investors are finding their best deals. In fact, if it is on a public portal, it is already being sold to the...
Our mission is to help the average Australian learn the property market dynamics and discover the amazing opportunities that exist in real estate.